ARCHIVED NEWS

The Australian dollar tumbled to a six-week low on Wednesday as soft domestic inflation reinforced prospects of monetary easing, while the U.S. dollar hovered near a 22-month high against its peers on after strong U.S.housing data further eased concerns towards the world’s biggest economy. The...

Ethereum Classic (ETC) is a new and upgraded version of Ethereum. The blockchain was launched after a hacker exploited a loophole on June 17th, 2016, where a total of 3.6 million ETH were stolen worth around $55 million during that time. Aimed to remedy the damages from the hack, Ethereum Classic (E...

Can a span of 24 hours do wonders? Not necessarily always. But certainly investors of Bitcoin can gawk at the wonders it creates in a span of 24 hours; anytime and every time. Bitcoin that started its day with crossing a 5600 dollar mark is now swinging around $5500. The oscillations faced in one da...

The official Twitter handle of Bitcoin Gold has recently posted that the users can now manage their Bitcoin Gold coins with ColdLar Hardware wallets. In the post, BTG touched upon points such as better management, a much more efficient interface for better user experience, ‘high-resolution scr...

In what we can term as a partnership for a cause, Dogecoin and Huobi have come together to extend their support to the Grateful Dogs Rescue. It is an organization based in San Francisco that rescues as well as offers shelter to dogs. Huobi in its official announcement on Twitter dated 23rd April 201...

Imagine this: Alice is one of the “reckless” users testing a new, risky technology. She’s excited about the potential for bitcoin’s lightning, a technology that advocates hope will bring bitcoin payments to the masses. So, even though developers tell her it’s risky to d...

Supermarket kiosk chain Coinstar is expanding the footprint of its bitcoin-buying service to more than 2,000 locations in 19 different states. The service, through a partnership with blockchain startup Coinme that offers individuals the ability to convert cash into bitcoin, has expanded from an init...

TrustToken has just launched a new stablecoin and says it has three more coming soon. Revealing the news exclusively to CoinDesk on Wednesday, the firm said its TrueAUD token is now live and backed 1:1 by the Australian dollar. Cryptocurrency exchanges can “immediately” start listing Tru...

The agency that regulates and manages China’s foreign exchange reserves has developed a blockchain system aimed to address inefficiencies in cross-border trade finance. As reported by local financial news source CNStock, the State Administration of Foreign Exchange (SAFE) worked with the Hangz...

Currently, Bitcoin’s market capitalization is a little under $100 billion. The current positive run is seeing the top-ranked crypto regaining some of the ground lost during the bear market of 2018. Bitcoin is currently enjoying a resurgence in 2019, up by more than 50 percent since the start o...

TRENDING NEWS

United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay. BitPay is a platform that converts cryptocurrencies t...

Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients of Avelacom — an IT infrastructure provider for the financial services industry — t...

As per the latest reports doing the rounds since today morning, Facebook is all set to introduce its own digital currency next year. The crypto referred to as ‘GlobalCoin,’ is most likely to hit the market in the 1st quarter of 2020 officially. If everything goes according to the social ...

Operating within the sandbox since the start of this month, iSTOX is now onboarding its first batch of issuers and investors to enable trading of digitized securities on its platform from Q4 of this year, the firm announced in a Medium post Friday. The platform aims to more into full operation by ea...

The UK's Open Banking revolution is being hampered by outages that banks are taking weeks to fix, according to analysis from SME lender Growth Street. Using the Open Banking Implementation Entity's API Downtime monitoring tool, Growth Street has calculated that Open Banking was only availabl...

New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliam...

Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21. Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana International F...

Before the turn of the century, the greatest value proposition offered by banks was the ability to connect with banking professionals and conduct all kinds of financial activity at one’s local branch. From weekly deposits, to customized consultations for small business loans, community connect...

Financial Conduct Authority ("FCA") Executive Director for Strategy and Competition Christopher Woolard highlighted FCA efforts to promote innovation in the financial services industry. In a speech before the Innovate Finance Global Summit in London, Mr. Woolard described some of the FCA...

Shadow banking assets as a percentage of total financial assets within the country were at 14.3 per cent, in line with the global percentage of 13.7 per cent, a Fitch reports said on Wednesday. The figures assume significance as Indian shadow banking's rapid growth and reliance on short-term fun...

Galaxy Digital, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, has received $71.2 million after selling its shares in Block.one, the maker of the EOS blockchain.
Galaxy Digital said in an announcement on May 21 that it closed the transaction on Monday after a...

The U.S. Securities and Exchange Commission (SEC) has taken action against what it alleges is a $30 million cryptocurrency scam based around supposed diamond investment. In a press release Tuesday, the commission alleged that defendant Jose Angel Aman operated a purported crypto business called Argy...

SPOTLIGHT

IMPORTANT INFORMATION FOR INVESTORS AND SHAREHOLDERS: This document is neither an offer to sale nor a solicitation of an offerto purchase shares of Wincor Nixdorf or Diebold. In connection with the proposed business combination, Diebold has filed an effective Registration Statement on Form S-4 with

RESOURCES

Banks struggle to evolve to the changing customer needs and expectations and to introduce latest technologies. In a world where cost, time to market and flexibility are key business drivers, it is pai...READ MORE

Social media giant Facebook, with over 2 billion active users, created its blockchain team in May 2018. Now, one year later, details of Facebook’s plans are still sparse and mostly unconfirmed. ...READ MORE

Events

Implementing a private health exchange might seem like a daunting task for an employer to consider, but what if it’s not? With the right planning, expertise and stakeholders, moving to a private health exchange can be a smooth transition for both the employer and employee.

Most banks agree that hiring RMs who are successful at building and growing relationships (selling) is difficult and a 7-digit problem for them. Do you need a better approach? This webinar, delivered by Alex Cole, Managing Director for Hire Better Salespeople, will provide you with a proven process ...

The Financial Intermediation Research Society Conference invites the attendees to submit theoretical and empirical papers in all areas of finance and it is anticipated that most participants will be from universities, central banks, regulatory agencies and international financial organizations.

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